News archive

News archive - September-2010

Update on transformation of agricultural sector

The parliamentary portfolio committee on agriculture, forestry and fisheries has been holding public hearings on transformation in the agricultural sector.

A variety of organisations have made representations to the committee, including the AgriBEE charter council. The department of agriculture, forestry and fisheries has also reported on the current status of transformation in the sector.

According to director general of the department, Langa Zita, the council is in the process of aligning the AgriBEE transformation charter with the requirements of a section 9 code of good practice as set out in Broad Based Black Economic Empowerment (BBBEE) Act 53 of 2003. When the charter was gazetted in March 2008, it was aligned to section 12 of the act and is therefore not binding to enterprises. This has made reporting on the sector’s transformation difficult.

01.10.2010 / Agbiz in the news


Analysis: NGC goes gaga for Chinese model

The ANC edged towards greater government intervention in the economy at its policy review

conference last week, while business commentators were concerned that mixed signals were

projected to the financial markets.

Key conundrums over policy were not tackled, argued Brait economist Colen Garrow. He said issues

concerning both domestic and foreign investors were not really addressed.

28.09.2010 / Agbiz in the news


SA kan deel van goue hoofweg wees

Suid-Afrika kan deel wees van die toekoms van die “goue hoofweg” vir die vervoer van landbouprodukte tussen Asië en Suid-Amerika, meen prof. Johan du Plessis van Logistics International.

“Suid-Afrika moet dus sorg dat ons vervoer-infrastruktuur aan die uitdagings voldoen en ons moet ook na moontlikhede in die Suider-Afrikaanse Ontwikkelingsgemeenskap (SAOG),” verduidelik hy.

23.09.2010 / Agbiz in the news


SA's agricultural reform programme failing

Members serving on Parliament's agriculture committee acknowledged that the agricultural reform

programme was in trouble, with at least half of transferred farms failing.

Ben Cousins, a professor of land and agrarian studies at the University of the Western Cape, said

while he did not believe Rural Development and Land Reform Minister Gugile Nkwinti was right about

90 percent of transferred farms having failed, he believed it was still a high number but probably

nearer 50 percent.

20.09.2010 / Agbiz in the news


Struggling farmers urged to diversify

Farmers rattled by rising input costs and falling commodity prices are being

urged to diversify and cash in on the growing agricultural tourism, or agritourism,


According to estimates from GrainSA, an association representing farmers growing soya

beans, sunflower, maize and wheat, between 20% and 30% of its members face bankruptcy.

The association's members have four million tons of maize surpluses in silos.

By the government's own admission, nine out of 10 farms have degenerated to a lack of

productivity. Statistics show that the number of farms has declined by 20000 since 1993,

leaving 300000 workers without jobs. Employment in the sector has dropped from more than

a million to 796800.

19.09.2010 / Agbiz in the news


Probleme met kontantvloei druk vertroue in landbou af

Kaapstad. - Die Landboubesigheidskamer (LBK) en die Nywerheidsontwikkelingskorporasie (NOK) se kwartaallikse vertrouensindeks vir landbou-ondernemings toon die vertroue in die derde kwartaal is 53% hoër as in die ooreenstemmende kwartaal verlede jaar, maar dit beteken nie alles in die sektor gaan voor die wind nie.

Gemeet aan die tweede kwartaal van vanjaar het die indeks met 5% gedaal. Die indeks staan nou op 53 punte.

Me. Lindie Stroebel, ekonoom by die LBK, sê die daling plaas ’n demper op die groot vordering sedert verlede jaar. Hoewel nog dalings in die vertrouensindeks nie verwag word nie, wys dit dat vertroue steeds aan die lae kant kan bly.

09.09.2010 / Agbiz in the news


Cosatu het radikale ekonomieplan

Cosatu wil ingrypende veranderings in die Suid-Afrikaanse ekonomie sien.

Dít blyk uit ’n nuwe voorstel­beleidsdokument wat die vakverbond binnekort wil bekend maak.

In dié dokument vra Cosatu onder meer om die volgende:

- ’n Superbelasting vir ryk individue. Dié belasting moet gehef word op die 10% van die werkmag wat die meeste geld verdien. Dis nog nie duidelik hoe dié 10% geïdentifiseer gaan word nie en hoe dit toegepas gaan word nie.

05.09.2010 / Agbiz in the news


Cosatu calls for business overhaul

Johannesburg - Labour federation Cosatu has put together a policy proposal document

calling for a radical revamp to how the country does business.

The proposed sweeping legislation changes include new taxing of the rich, regulating

farming, forcing business to mostly stock locally made products, restricting foreign ownership

of large corporates, banning the export of scrap metals and establishing a state bank.

05.09.2010 / Agbiz in the news


Processed food imports dent jobs

Johannesburg — THE agricultural sector is losing jobs because processed products are being imported, instead of being produced and manufactured locally, Lindie Stroebel of the Agricultural Business Chamber said last week.

02.09.2010 / Agbiz in the news


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